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SBI Life Insurance Company Salaries in Nagpur (Updated 2025)

based on 46 latest salaries
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Sales & Business Development Customer Success, Service & Operations
Designation Avg Annual Salary Open Jobs
13 - 16 years exp. · Nagpur (5 salaries)
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₹8.5 L/yr - ₹11.5 L/yr

0 - 4 years exp. · Nagpur (3 salaries)
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₹2.4 L/yr - ₹3.3 L/yr

20 - 26 years exp. · Nagpur (3 salaries)
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₹13.7 L/yr - ₹17.5 L/yr

4 - 6 years exp. · Nagpur (3 salaries)
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₹4.2 L/yr - ₹4.6 L/yr

Starting your career? Discover SBI Life Insurance Company fresher salaries in India
2 - 3 years exp. · Nagpur (AmbitionBox Estimate)
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₹2.1 L/yr - ₹3.5 L/yr

2 - 3 years exp. · Nagpur (AmbitionBox Estimate)
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₹1.6 L/yr - ₹2.4 L/yr

15 - 16 years exp. · Nagpur (AmbitionBox Estimate)
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₹8.5 L/yr - ₹12.9 L/yr

2 job openings
Fresher · Nagpur (AmbitionBox Estimate)
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₹2.4 L/yr - ₹3.3 L/yr

17 years exp. · Nagpur (AmbitionBox Estimate)
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₹8 L/yr - ₹11 L/yr

15 - 16 years exp. · Nagpur (AmbitionBox Estimate)
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₹7.5 L/yr - ₹9.2 L/yr

2 - 8 years exp. · Nagpur (AmbitionBox Estimate)
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₹2.2 L/yr - ₹4 L/yr

1 - 5 years exp. · Nagpur (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3 L/yr

1 year exp. · Nagpur (AmbitionBox Estimate)
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₹1.9 L/yr - ₹2.5 L/yr

2 years exp. · Nagpur (AmbitionBox Estimate)
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₹3.1 L/yr - ₹3.9 L/yr

1 year exp. · Nagpur (AmbitionBox Estimate)
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₹0.5 L/yr - ₹0.7 L/yr

2 years exp. · Nagpur (AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr

2 years exp. · Nagpur (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr

18 years exp. · Nagpur (AmbitionBox Estimate)
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₹9 L/yr - ₹11.5 L/yr

1 year exp. · Nagpur (AmbitionBox Estimate)
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₹1.7 L/yr - ₹2.1 L/yr

1 year exp. · Nagpur (AmbitionBox Estimate)
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₹0.9 L/yr - ₹1.2 L/yr

Last Updated: 28 Feb, 2025

Salary related reviews for SBI Life Insurance Company

3.1

Rated by 24 employees for salary & benefits

Finance & Accounting Department

1.0
  •  posted on 02 Apr 2021

2.0
 for  Salary and Benefits

Likes

Because I'm interested in company.Good work environment and culture.company policies are good and they give good salary and bonus every year.

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Dislikes

Because there is a lot of politics and the management doesn't address our issues.salary us decent but career growth is slow.on the job training is not given to new jionees.

read more
  • Salary - Poor
  • +5 more

Sales & Business Development Department

4.0
  •  posted on 27 Sep 2019

5.0
 for  Salary and Benefits

Likes

...where but for the same No abusing Words used by Higher authorities for Business. Compensation also good. Over All good company

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  • Salary - Excellent
  • +6 more

Dislikes

Company has holiday on every 2&3 Saturday.. But we need to go on Works on these Holiday also...

Full Time

 · 

Marketing & Communication Department

5.0
  •  posted on 30 Jan 2025

2.0
 for  Salary and Benefits

Likes

Very good policy, good Behaviour from all senior Management.

  • Skill development - Good
  • +3 more

Dislikes

I am working from last 8 year but my salary is very low. If someone working is in other companies and they switched from there to here they are getting good CTC. If you are working in good location and if your assign branch and branch manager is good so you can get promotion but if you not working in good location or your assign branch is not good it's very deficit to get promotion.

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  • Salary - Poor

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 17 Jan 2024

1.0
 for  Salary and Benefits

Likes

Even though the salary in this company is very less as per the work, the salary is paid on time.

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Dislikes

In today's times, it is important to work to support my family properly, hence I give my 100% to this company so that someday my salary will increase but after working for more than 1 year, I am realizing that It is very difficult to move forward, here we have to work till late night due to which we are not able to give time to our family, and even after doing so much work, we get very low salary so that I cannot support my family properly. I don't know how to do it, even after working for more than 14 hours every day, I don't get any bonus also.

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  • Salary - Bad
  • +4 more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 18 Oct 2023

1.0
 for  Salary and Benefits

Likes

...R profile like a puppet.Every single decesion are managed by higher authorities. No work and life balance, salary are on time but no increment very pathetic salary structure. No self respect. No work time. No emotion . Daily pressure. Vary vary bad 😭

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  • Job security - Good
  • +1 more

Dislikes

Every thing Accept salary on time

  • Salary - Bad
  • +4 more
see more salary related reviews

SBI Life Insurance Company Salary FAQs

How much does SBI Life Insurance Company pay per year?
The average SBI Life Insurance Company salary ranges from approximately ₹0.2 Lakh to ₹3 Lakhs per year for a Banking Assistant and ₹45 Lakhs to ₹1.1 Crore per year for a Senior Vice President. Salary estimates are based on 46 SBI Life Insurance Company salaries received from various employees of SBI Life Insurance Company. SBI Life Insurance Company employees rate the overall salary and benefits package 3.1/5 stars.
What is the highest salary in SBI Life Insurance Company?
The highest-paying job at SBI Life Insurance Company is a Senior Vice President with a salary of ₹45 Lakhs to ₹1.1 Crore per year. The top 10% of employees earn more than ₹12.76 lakhs per year. The top 1% earn more than a whopping ₹35.36 lakhs per year.
What is the minimum salary in SBI Life Insurance Company?
Minimum salary at SBI Life Insurance Company depends on the role you are applying for. For Associate the minimum salary is ₹1 Lakh to ₹4.5 Lakhs per year, and for Development Manager the minimum salary is ₹1.8 Lakh to ₹4.5 Lakhs per year and so on.
What is the salary package for freshers in SBI Life Insurance Company?
The average salary at SBI Life Insurance Company for freshers varies from ₹1 Lakh to ₹2 Lakhs per year for Telecaller and ₹5.6 Lakhs to ₹10.5 Lakhs per year for Management Trainee.
What is the notice period at SBI Life Insurance Company in Nagpur?
According to AmbitionBox, 35% of the SBI Life Insurance Company employees in Nagpur reported a notice period of 1 Month, 24% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 74 responses on AmbitionBox in last 2 years.

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Average annual salary in SBI Life Insurance Company , Nagpur is INRunlock blur . Salary estimates are based on 46 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.

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